New Markets Tax Credit Coalition

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San Fernando Library

NMTC financing helped construct a new library in a mixed-use development.

Investment

  • NMTC Amount: $7,760,000
  • Total Project Cost: $8,944,524

IMPACT

  • 30 FTE jobs
  • 44 construction jobs

Investor

Project Description

NMTC financing for The Library Plaza, a project along Maclay street in San Fernando that contains both the local county library as well as eateries.

MAP

Address: 223 North Maclay Avenue, San Fernando, CA 91340

Other California Projects

$700,000 to a steel truss manufacturer in Banning, CA
Impact Community Capital LLC, dedicated $16.3M in NMTCs to capitalize the Healthy California initiative.
New construction of a 40,000 sq. ft. facility that provided comprehensive medical and mental health services, substance abuse treatment, and recovery activities for patients with complex health and social needs
The NMTC provided small business financing for two businesses in Citrus Heights ($262,000) and Sacramento ($97,000), CA.